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Precious metals can be purchased and stored on your behalf domestically or abroad. ASI is an Approved Dealer for two such programs:
:: The PMCP :: The Perth Mint Certificate Program (PMCP) offers storage for three precious metals (gold, silver, and platinum) at The Perth Mint in Western Australia. The PMCP is the only government guaranteed precious metals program of its kind in the world. This unique precious metals storage program is fully backed by the government of Western Australia, and The Perth Mint has operated continuously from the same location for over 100 years. The PMCP has many flexible and cost-effective features that combine to make it one of the most attractive alternatives available for people who wish to Safely, Affordably, Flexibly, and Exclusively hold assets overseas. The PMCP Brochure, Terms and Conditions, Application Form, PMCP Client Instruction Form and Sterling Trust Company/Perth Mint Certificate Investment Direction Form (for IRA's only) are available by clicking on the following links (Adobe Acrobat .pdf format). As more forms are posted online, the links will become activated.
*Please disregard all mention of Palladium. The Perth Mint no longer offers Palladium in the PMCP. For more information regarding S.A.F.E. storage at The Perth Mint, call us toll free: (800) 831-0007 or direct at (301) 881-8600. :: The MDO :: The Mocatta Delivery Order (MDO) program, now called the Scotia Mocatta Delivery Order (SMDO), was developed in the mid 1970's by Mocatta Goldschmidt, located in London, England. Mocatta, founded in 1631, was one of the 5 firms responsible for setting the London AM & PM gold fixings each day. The MDO program offered gold, silver and platinum in coin and bullion form with storage in Wilmington, DE (USA) or Zurich (Switzerland). The program was developed and administered by the New York office of Mocatta. The certificates were pre-sized to specific quantities, types and forms of metal (cost $100 each), storage was on an allocated basis (1/2%/year), and delivery was an option (only at the depository location). The MDO was sold through a US based Approved Dealer network, and ASI is one of these Approved Dealers. In the late 1990's Mocatta was sold by it's parent company (Standard Charter Bank, London, England) to Bank of Nova Scotia, Toronto, Canada (Scotia Bank). Shortly thereafter Scotia announced that the SMDO program was in a "liquidation only" status. No new orders for purchases would be accepted but orders for liquidation or delivery would be honored and processed. ASI continues to assist clients with SMDO liquidation orders. Call toll-free 1-800-831-0007 or 301-881-8600 for assistance or instructions on how to proceed. Both programs offer affordable and reliable storage of precious metals abroad without the burden of personally storing and securing the metals. Additionally, each program offers certificates that are nonnegotiable...but they are transferable. Each program has distinct advantages. An ASI representative can work with you to determine which program best suits your needs. Click here with specific inquiries or to request more information regarding precious metals certificate programs. |
